Russian Corporations and Banks abroad

Abstract

The FDI stock of Russia amounted to USD 5 billion at the beginning of 2002.Recorded outward direct investment covers only a small part of the total capital outflow from Russia abroad.Capital flight represents the core of Russian capital outside Russia.During the period 994-200 recorded annual FDI outflow was 0% of capital flight.The Russian government should continue fighting against illegal capital flight while simultaneously support the internationalisation, since Russian companies and the Russian economy as a whole cannot become truly global without investing abroad.Via a more active participation in global business Russian corporations can prepare the Russian economy for approaching WTO membership.Moreover, the activities of Russian companies in the EU market facilitate the building of the Common European Economic Space between Russia and the EU.Die FDI in Russland beliefen sich Anfang 2002 auf 5 Mrd.USD.Die erfassten FDI machten nur einen